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Business is already acting on the climate threat — and waiting for Washington to catch up

You don't need to look for receding glaciers or pore over the latest IPCC report to know that climate change is already happening. Just talk to Diavik Diamond Mines Inc. Captains of industry want to know what's up ahead. Photo: iStockphoto The company relies on ice bridges to move equipment and materials through the northern regions of Canada. Last winter, however, the ice never thickened enough to allow transport of its heaviest trucks, so Diavik had to pay the additional cost of shipping materials by helicopter. While a dwindling number of business associations and lobbyists still dispute the science of …

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Coca-Cola learns a tough lesson about corporate sustainability

In January 2006, the University of Michigan suspended the purchase of Coca-Cola products on its campus. Corporate decision-makers should pay heed: this event is notable on several dimensions. Coke learns that CSR is the real thing. Photo: iStockphoto First, this decision was not due to any problems with product or pricing. Instead, the university cut the contract because of concerns over environmental issues in India and labor issues in Colombia. Second, and more amazingly, the decision was prompted by one man and the small nonprofit he runs out of his home in Southern California. Amit Srivastava and his India Resource …

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Andrew J. Hoffman is the Holcim Professor of Sustainable Enterprise at the University of Michigan. He is the author of Getting Ahead of the Curve: Corporate Strategies that Address Climate Change, a report for the Pew Center on Global Climate Change.

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